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TechInnovation/China – Suning.com expects colossal losses in H1 and announces stake sale to consortium (Global Times)

The Chinese retailer Suning.com expects colossal net losses of up to 3.2 billion yuan ($495 million) for the first half of the year, according...

TechInnovation/China – Wingtech announces acquisition of UK chipmaker NWF via its Dutch subsidiary (Global Times)

Chinese electronics software giant Wingtech Technology announced on Monday night that its subsidiary, the Holland-based semiconductor company Nexperia, has signed an agreement to acquire...

China – Postal Savings Bank of China suspends opening of new precious metals accounts (Global Times)

Postal Savings Bank of China on Monday announced it would suspend the opening of new accounts for spot precious metals trading, a move that...

China – China’s Belt and Road Initiative gets greener (Global Times)

Industrial and Commercial Bank of China (ICBC), China's largest bank, has reportedly abandoned a plan to finance a coal fire plant in Zimbabwe due...

Pakistan/China – Pakistan-China relationship is a factor for stability in the region and beyond: Pakistani Ambassador (Xie Wenting and Bai Yunyi, Global Times)

China and Pakistan are "iron brothers." Through the past seven decades, the two countries have built an All-Weather Strategic Cooperative Partnership with flourishing bilateral...

Defense/Military/China – China displays land, sea, air combat robots at expo (Liu Xuanzun, Global Times)

China introduced some of its latest achievements in military intelligent technology by displaying advanced land, sea and air combat robots at an expo in...

Cybersecurity/China – 3 more internet firms scrutinized amid rising data security concern (Li Qiaoyi and Zhang Hongpei, Global Times)

China's cyberspace regulator on Monday put three more internet platforms under scrutiny, three days after it announced a review of cybersecurity into the country's...

Hong Kong – HK’s financial hub role has not changed by slightest degree after national security law is implemented: Carrie Lam (Global Times)

Hong Kong's role as financial hub "has not swayed by the slightest degree" since implementation of the national security law for the city, Hong...

Space/China – China sends world’s first meteorological satellite into dawn-dusk orbit, fills gap in global observation data (Fan Anqi, Global Times)

China has successfully launched the Fengyun-3E satellite on Monday, making it the world's first meteorological satellite that has been sent into the dawn-dusk orbit...

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